Common use of Lien Perfection; Further Assurances Clause in Contracts

Lien Perfection; Further Assurances. The Loan Parties authorize the filing of such UCC-1 financing statements as are required by the UCC and shall execute such other instruments, assignments or documents as are necessary to perfect Administrative Agent’s Lien upon any of the Collateral and shall take such other action as may be required to perfect or to continue the perfection of Administrative Agent’s Lien upon the Collateral, including, without limitation, as to the Borrowers, the filing of UCC-1 financing statements that indicate the Collateral (i) as all assets of such Borrower or words of similar effect, or (ii) as being of an equal or lesser scope, or with greater or lesser detail, than as set forth in Section 6.1, on such Borrower’s behalf. Each Loan Party also hereby ratifies its authorization for Administrative Agent to have filed in any jurisdiction any such UCC-1 financing statements or amendments thereto if filed prior to the date hereof. At Administrative Agent’s request, each Loan Party shall also promptly execute or cause to be executed and shall deliver to Administrative Agent any and all documents, instruments and agreements deemed necessary by Administrative Agent, to give effect to or carry out the terms or intent of the Loan Documents.

Lien Perfection; Further Assurances. The Loan Parties authorize the filing of such UCC-1 financing statements as are required by the UCC and shall execute such other instruments, assignments or documents as are necessary to perfect Administrative Agentthe Lender’s Lien upon any of the Collateral and shall take such other action as may be required to perfect or to continue the perfection of Administrative Agentthe Lender’s Lien upon the Collateral. Unless prohibited by applicable Law, includingeach Loan Party hereby authorizes the Lender to execute and file any UCC-1 financing statements as are required by the UCC, without limitation, as to the Borrowers, the filing of UCC-1 including financing statements that indicate the Collateral (ia) as all assets of such Borrower Loan Party or words of similar effect, or (iib) as being of an equal or lesser scope, or with greater or lesser detail, than as set forth in Section 6.1, 4.01 on such BorrowerLoan Party’s behalf. Each Loan Party also hereby ratifies its authorization for Administrative Agent the Lender to have filed in any jurisdiction any such UCC-1 like financing statements or amendments thereto if filed prior to the date hereof. At Administrative Agentthe Lender’s request, each Loan Party shall also promptly execute or cause to be executed and shall deliver to Administrative Agent the Lender any and all documents, instruments and agreements deemed necessary by Administrative Agentthe Lender, to give effect to or carry out the terms or intent of the Loan Documents.

Lien Perfection; Further Assurances. The Loan Parties authorize the filing of such UCC-1 financing statements as are required by the UCC and shall execute such other instruments, assignments or documents as are necessary to perfect Administrative Agent’s Lien upon any of the Collateral and shall take such other action as may be required to perfect or to continue the perfection of Administrative Agent’s Lien upon the Collateral, including, without limitation, as to the Borrowers, the filing of UCC-1 financing statements that indicate the Collateral (i) as all assets of such Borrower Loan Party or words of similar effect, or (ii) as being of an equal or lesser scope, or with greater or lesser detail, than as set forth in Section 6.1, on such BorrowerLoan Party’s behalf. Each Loan Party also hereby ratifies its authorization for Administrative Agent to have filed in any jurisdiction any such UCC-1 financing statements or amendments thereto if filed prior to the date hereof. At Administrative Agent’s request, each Loan Party shall also promptly execute or cause to be executed and shall deliver to Administrative Agent any and all documents, instruments and agreements deemed necessary by Administrative Agent, to give effect to or carry out the terms or intent of the Loan Documents.